KUALA LUMPUR: The contribution of the digital economy to Malaysia’s gross domestic product (GDP), at about 17% currently, is expected to exceed the projected target of 20% earlier than 2020, said Treasury Secretary-General Tan Sri Dr Mohd Irwan Serigar Abdullah. He expressed confidence that the level could be achieved earlier as Malaysia had started making […]
Read MoreThe country’s underlying productivity challenges are expected to cap Thai economic growth at a mere 3.4% in 2019, the World Bank says. The Washington-based lender is maintaining its forecasts for Thai GDP growth of 3.2% this year and 3.3% in 2018, with the rate rising a bit to 3.4% in 2019, according to the World […]
Read MoreThe Hanoitimes – President Tran Dai Quang on April 18 made an inspection tour of several facilities serving the APEC High-level Week 2017 in the central city of Da Nang this November. He looked at the reception hall for head delegates, the main conference hall, the venue for the APEC Business Advisory Council dialogue and […]
Read MoreA NEWLY amended investment promotion in Laos will cut by half the maximum investment period for new concession projects to 50 years, down from previous requirement of 99 years. The move is aimed at maximising investment benefits for the Lao economy, said an official from the Ministry of Planning and Investment involved in the drafting […]
Read MoreUpbeat export data was not enough to stave off a marginal slide in Singapore shares yesterday as investors turned cautious amid the wait for more corporate results. The Straits Times Index (STI) slipped 0.76 point or 0.02 per cent to close at 3,137.54, in a somewhat slow session with only $972.5 million worth of shares […]
Read MoreKUALA LUMPUR: Malaysian palm oil futures fell on Tuesday, recording a fifth consecutive session of losses, weighed down by forecasts of rising output and tracking weaker performing rival oils. The benchmark palm oil contract for July delivery on the Bursa Malaysia Derivatives Exchange edged down 1 percent to 2,473 ringgit ($560.90) a tonne at the end of […]
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